Spread before costs (cost unknown: a leg has no order-book sample)+1.097%
7d average—if it closes, per $10,000$110funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ALT/USDC PERP | 0.007381 | 0.0033 | pay 0.0004% / 1h | 41m 10s | $815 | $13K | 5.5x |
| Short | Hyperliquid ALT | 0.007462 | 0.0100 | get 0.0013% / 1h | 41m 10s | $1.1M | $194K | 3x |
Injective ALT/USDC PERP
Hyperliquid ALTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $109.74
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $102.72
- Spread needed to break even
- 0.090%
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 1 min ago | 3.35 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007381cheapest
Bitget0.007456+1.016%Gate0.007457+1.030%BingX0.007459+1.057%
Bitget
Gate
BingXHyperliquid0.007462+1.097%
Bybit0.007462+1.097%Binance0.007464+1.125%MEXC0.007464+1.125%BloFin0.007468+1.179%Deribit0.007469+1.192%Variational Omni0.007470+1.203%KuCoin0.007472+1.233%Kraken Futures0.007477+1.298%Coinbase International0.007540+2.154%
Bybit
Binance
MEXC
BloFin
Deribit
Variational Omni
KuCoin
Kraken Futures
Coinbase InternationalALT on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERPlong | 0.000% | +0.0033% | 1h | $815 | $13K | 5.5x | |
| Bitget ALTUSDT | +1.016% | +0.0100% | 4h | $608K | $91K | 50x | as long as short |
| Gate ALT_USDT | +1.030% | +0.0092% | 8h | $50K | $373K | 25x | as long as short |
| BingX ALT-USDT | +1.057% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Hyperliquid ALTshort | +1.097% | +0.0100% | 1h | $1.1M | $194K | 3x | |
| Bybit ALTUSDT | +1.097% | +0.0100% | 4h | $1.2M | $1.5M | 25x | as long as short |
| Binance ALTUSDT | +1.125% | +0.0100% | 4h | $2.6M | $3.3M | 50x | as long as short |
| MEXC ALT_USDT | +1.125% | +0.0100% | 4h | $428K | $195K | 50x | as long as short |
| BloFin ALT-USDT | +1.179% | +0.0130% | 4h | $174K | $9K | 50x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +1.192% | 0.0000% | 1h | $0 | $0 | 25x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +1.203% | +0.0010% | 4h | $4K | $12K | — | as long as short |
| KuCoin ALTUSDTM | +1.233% | +0.0100% | 4h | $152K | $22K | 30x | as long as short |
| Kraken Futures PF_ALTUSD | +1.298% | +0.1142% | 1h | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +2.154% | +0.0416% | 1h | $14K | $2K | 50x | as long as short |